The healthcare industry is buoyed by influential factors such as the prevalence of diseases, a burgeoning aging population, and a surge in prescription rates. Therefore, investors could consider adding top medical stocks CVS Health Corporation (CVS), Agilent Technologies, Inc. (A), and MiMedx Group, Inc. (MDXG), which are expected to soar in 2024.
The healthcare industry in 2024 is shaped by transformative trends, including the widespread impact of generative AI, the rise of personalized medicine leveraging technology and data, and the integration of virtual healthcare assistants for improved patient care and engagement. The global pharmacy market is projected to expand at a CAGR of 4.3% until 2028.
